Latest news with #JimLebenthal
CNBC
30-07-2025
- Business
- CNBC
Trade Tracker: Jim Lebenthal sells Visa
Jim Lebenthal, Chief Equity Strategist at Cerity Partners, joins CNBC's "Halftime Report" to explain why he's selling Visa at these levels. The Investment Committee debate the move.
Yahoo
23-07-2025
- Business
- Yahoo
Analyst Says He's Going to ‘Sleep Like a Baby' After Trimming Oracle (ORCL) Position
Oracle Corp (NYSE:ORCL) is one of the . Jim Lebenthal, partner at Cerity Partners, explained in a recent program on CNBC why he's trimming his position in Oracle Corp (NYSE:ORCL). 'I've been in the stock 2 and a half years. I'm up 150%. It's become a very big position. I'm trimming the stock. I'm going to sleep like a baby tonight trimming the stock. I'm still going to own shares. However, we're entering earnings season. We all know that in earnings season something gets stupidly dislocated. I have been fully invested. I need to have some dry powder. If I want to buy low, I have to sell high. That's the name of the game.' Lebenthal, however, insisted that he's not 'hating on' Oracle Corp (NYSE:ORCL). He said he first bought the stock when it was around $86. For fiscal 2026, Oracle expects strong cloud growth amid rising AI datacenter demand. The company is spending heavily in Cloud infrastructure. The stock has gained about 68% over the past year and its P/E is now above 50. As most of its revenue now comes from cloud services, any slowdown in AI momentum could weigh on growth and margins. Photo by Science in HD on Unsplash Mar Vista U.S. Quality Strategy stated the following regarding Oracle Corporation (NYSE:ORCL) in its second quarter 2025 investor letter: 'Oracle Corporation (NYSE:ORCL) shares rebounded from the pressure experienced in calendar Q1 2025, as concerns about tariffs impacting IT budgets proved to be overstated. The company reported a strong fiscal Q4 2025 (May quarter), driven by robust demand for its hyperscale cloud offering, OCI Gen 2, which supports large language models. While we acknowledge the potential of ORCL as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the . READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey.
CNBC
11-07-2025
- Business
- CNBC
Trade Tracker: Jim Lebenthal trims Oracle and Stephanie Link buys more Vertiv
Jim Lebenthal and Stephanie Link join CNBC's 'Halftime Report' to detail their latest portfolio moves.
CNBC
30-06-2025
- Business
- CNBC
Trade Tracker: Jim Lebenthal sells MP Materials
Jim Lebenthal, Chief Equity Strategist at Cerity Partners, joins CNBC's "Halftime Report" to explain why he's selling MP Materials.
Yahoo
29-06-2025
- Business
- Yahoo
Analyst Explains Why He's Buying Qualcomm (QCOM) Despite Fading Hopes of Cellphone ‘Super Cycle'
Jim Lebenthal from CNBC Investment Committee explained in a recent program why he's buying Qualcomm Inc (NASDAQ:QCOM) despite not having much hope for the cellphone market: 'Qualcomm, it's a little bit different in that the earnings revisions are very slightly upwards, but there I'm being anticipatory and I think those earnings revisions are going to start marching higher, not on the back of cell phones, which we all know waiting for this much heralded super upcycle is not happening. But where Qualcomm's going to really get the earnings revisions upward is in automotive and internet of things, the latter of which also does play into the data center buildout.' A technician testing the latest 5G device, demonstrating the company's commitment to innovation. Mairs & Power Balanced Fund stated the following regarding QUALCOMM Incorporated (NASDAQ:QCOM) in its Q1 2025 investor letter: 'The Information Technology sector underweight had the largest relative impact on returns during the quarter. Only one of the Fund's technology holdings posted a positive quarterly return – QUALCOMM Incorporated (NASDAQ:QCOM) – making this a somewhat hollow outperformance. Qualcomm is a 'value tech' company which has enviable cash flows but we believe has been consistently underappreciated in the market for its technology licensing business, which has frequently been targeted for legal action by some of its major customers. However, we believe it continues to prove its best-in-class technology and, despite companies attempting to circumvent Qualcomm, we continue to see a long-term position in the wireless technology space for the company.' While we acknowledge the potential of QCOM as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey.
